
Cheap Homes for Rent in Montgomery County, VA from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery County.


3 Oak Tree Blvd NW

2 2nd St

120 Clearview Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

818 Rocky Acres Ln

660 College St, Unit 12B

6355 Quartz Ln

1731 Liberty Ln
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1781 Liberty Ln

909 Montgomery St

1206 University Terrace

2590 Townhouse Dr SE
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

918 Martin Dr

1446 Scott St
Montgomery County, VA Local Guide

How much does it cost to rent a home in Montgomery County?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montgomery County 2 Bedroom Homes for Rent | $1,508 | $1,200 | $2,150 |
Montgomery County 3 Bedroom Homes for Rent | $2,054 | $900 | $2,800 |
Montgomery County 4 Bedroom Homes for Rent | $2,512 | $550 | $5,500 |
Montgomery County 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in Montgomery County
Explore Montgomery County
Cheapest Available Montgomery County Apartments for Rent
 The cheapest available apartment rental in Montgomery County, VA is a 1 Bed unit found at Fieldstone Apartments - Income Limits Apply in the Downtown Blacksburg neighborhood priced from $666. 709/711 Giles in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $670. Here is today’s list of the most affordable Montgomery County apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fieldstone Apartments - Income Limits Apply | Preston (Independent Senior Living Age 55+) | 1BR,1BA | $666 |
709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $915 |
The Retreat at Blacksburg | Milledge 4x4.5 | 4BR,4BA | $1,050 |
Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Montgomery County, VA
As of May 17, 2025 the best value apartment in the Montgomery County area is the $1.59 price per square foot Adams Model at The Adams at Peppers Ferry in the starting from $2,141. The second greatest value Montgomery County apartment is the Furnished Individual Lease Model at 1711 Apartments starting at $735 with a $0.56 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Montgomery County apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Adams at Peppers Ferry | Adams | 3BR,2BA | $1.59 |
1711 Apartments | Furnished Individual Lease | 4BR,2BA | $0.56 |
The Retreat at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $0.99 |
709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $0.62 |
Fieldstone Apartments - Income Limits Apply | Bluefield | 2BR,2BA | $1.02 |
Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1.20 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $0.92 |
The Landing at Stonegate | 2x2 Furnished - Apartment | 2BR,2BA | $1.00 |
Stonegate and Carlton Scott Apartments | S2-R | 2BR,1BA | $0.73 |
Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.21 |
Frequently Asked Questions about Montgomery County
What type of rentals are currently available in Montgomery County?
There are currently 198 Apartments for Rent in Montgomery County, VA with pricing that ranges from $575 to $3,800. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery County ranging from $550 to $5,500.
What is the current price range for Rental Homes in Montgomery County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery County ranges from $550 to $5,500 with an average monthly rent of $1,769.
How much are larger Three and Four Bedroom Rentals in Montgomery County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery County range from $670 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,800. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $785.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.